USDJPY can go UP by Symmetrical Triangle➡️RR=3.68

🏃‍♂️USDJPY is moving in an Ascending Channel (in the Daily time frame).

📈Regarding Classical Technical Analysis, USDJPY has succeeded in breaking the upper line of the Symmetrical Triangle Pattern.

🔔I expect USDJPY to continue its uptrend due to the breakout of the Symmetrical Triangle Pattern.

👑Position:

USDJPY

Position: Long

Entry Point: 156.340 JPY (Stop Limit Order)

Stop Loss: 155.620 JPY

Take Profits: 158.987 JPY// 157.871JPY(RR=2.13)

Risk-To-Reward: 3.68

Please don't forget to follow capital management ⚠️

Please pay attention to the style of opening the position.⚠️

U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 4-hour time frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.

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Transaction en cours

Commentaire:

The completion of the pullback to the upper line of the symmetrical triangle pattern is complete, I expect the trend I'm looking at is USDJPY.

Commentaire:

Please Transfer Stop loss(SL) to Entry Point(EP)=Risk Free